Purchases Tools Tax Free In Florida, Starting In September…
BY: STAFF REPORT | BocaNewsNow.com
BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2024 MetroDesk Media, LLC) — If you need tools and you live here in Florida, put off that purchase for another two weeks or so. Starting September 1st, Florida will launch “Tax Free Tool Time.” It’s an another tax holiday, but this time, solely for tools and the people who use them. We have a link at the end of this post to the Florida Department of Revenue which has the specifics, but we’ll start with an overview:
During the 2024 Florida Tool Time Sales Tax Holiday, you may purchase qualifying items commonly used by skilled trade workers, such as power tools, work boots, and tool boxes, exempt from sales tax on retail sales. The tax holiday begins on Sunday, September 1, 2024, and ends on Saturday, September 7, 2024. A list of qualifying items that are exempt from tax during the sales tax holiday is provided in Tax Information Publication (TIP) No. 24A01-06. These include the following items with a sales price of:
- $25 or less per pair:
o Work gloves - $30 or less per item:
o High-visibility safety vests. - $50 or less per item:
o Duffle bags
o Fuel cans
o Hand tools
o LED flashlights
o Protective coveralls
o Rakes
o Shovels
o Tote bags - $50 or less per pair (or the equivalent if sold in sets of more than one pair):
o Safety glasses - $75 or less per item:
o Toolboxes
o Hearing protection - $100 or less per item:
o Electrical voltage and testing equipment
o Hard hats and other head protection
o Shop lights
o Tool belts - $125 or less per item:
o Industry code books
o Industry textbooks $150 or less per item:
o Drain opening tools
o Handheld pipe cutters
o Plumbing inspection equipment
o Power tool batteries - $175 or less per pair:
o Work boots - $250 or less per item:
o Ladders - $300 or less per item:
o Power tools
o Toolboxes for vehicles
If I purchase an item that costs more than the limits stated above, do I owe sales tax only on the
portion of the price that exceeds the limit for that item? If you purchase an item that would otherwise qualify for the sales tax holiday but costs more than the limits listed above, the item is not exempt, and you must pay sales tax on the entire price of the item.
What types of items are not exempt? The 2024 Florida Tool Time Sales Tax Holiday does not apply to the following:
Otherwise eligible items with a sales price in excess of the limits stated above. Rentals of any eligible items. Sales in a theme park, entertainment complex, public lodging establishment, or airport. Learn more from the State of Florida right here.
